15 October 2021 - 12:05 PM
Photo
Alamy | Besiktas are the reigning champion. However, the club’s total turnover has dropped from €163 million in 2017/18 to less than €60 million in 2020/21 – a decline of more than 60 per cent.
Turkish clubs deep in debt while struggling with profitability
- All the big four Turkish clubs have published their financial statements for the 2020/21 season, which was the first season fully impacted by Covid.
- Following a good 2018/19 season, the pandemic seems to have played its part in the club’s operating losses.
- Moreover, the clubs are becoming increasingly indebted and have accumulated financial obligations among the highest in Europe.
Get instant access by signing up for a 7-day free trial
No credit card, no commitments, and it will expire automatically.
You will receive a link that activates your trial in an email.
